$2,600,000
SOLD APR 17, 2025

180 Brisco Rd Arroyo Grande, CA 93420

20 Beds
20 Baths
9,600 Sq Ft
0.42 Acres

Recently Sold

$271 Per Sq Ft

10% Below List Price

2 Days on Market

Highlights

  • 0.42 Acre Lot
  • Laundry Room
  • 10 Car Garage
  • Ocean View Elementary School Rated A-
  • Forced Air Heating System
  • Carpet

About This Home

As of April 2025

Extremely hard to find 10 plex in the desirable City of Arroyo Grande. Walking distance to restaurants, grocery stores, retail stores, movie theaters, etc...
Easy access to Hwy 101 or Grand Ave. This is for sale by the original owner. Each unit has 2 large bedrooms, 1full bath and 1 1/2 bath. Each has their own private yard and garage. There is a separate owner owned coin operated laundry room on site. The pictures are from most of the units. Some have been remodeled some have not. These do not come on the market often!

Last Agent to Sell the Property

Tom Girard

Pro Real Estate, Inc Brokerage Phone: 805-441-1512 License #01302138 Listed on: 02/24/2025

Last Buyer's Agent

Anthony Aurignac

Venture Real Estate License #01946262

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.42 Acre Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 10 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached

Interior Spaces

  • 9,600 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 20 Bedrooms
  • All Upper Level Bedrooms
  • 20 Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 106
  • Assessor Parcel Number 077053051
  • Seller Considering Concessions

Community Details

Overview

  • 3 Buildings
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Insurance Expense $8,250
  • Water Sewer Expense $13,440
  • Operating Expense $93,033
  • Gross Income $227,004
  • Net Operating Income $128,092

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Parking

10

Listing Details

  • CapRate: 4.25
  • Price Per Unit: 290000
  • Property Attached: Yes
  • Water Sewer Expenses: 13440.00
  • Zoning: R3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 077053051
  • Year Built: 1984
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 270.83
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Garage
  • Total Parking Spaces: 20.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 18120.00
  • Lot Size Acres: 0.4160

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 960 Square Feet
  • Gross Income: 227004.00
  • Gross Scheduled Income: 227004.00
  • Insurance Expense: 8250.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 960.00
  • Lot Size Area: 18120.0000 Square Feet
  • Net Operating Income: 128092.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 50550.00
  • Rent Control: No
  • Total Actual Rent: 16507.00
  • Total Expenses: 93033.00

Tax Info

  • Tax Census Tract: 119.03
  • Tax Lot: 106

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $2,600,000 -10.3% $271 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $2,900,000 -- $302 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI25040620

California Regional Multiple Listing Service (CRMLS)